Abyssinia Bank (A.M.) is conducting an auction to sell Tender

Notice for Abyssinia Bank (A.M.) is conducting an auction to sell vehicles listed as collateral for loans. Bidders must deposit 25% of the starting bid price via a bank-certified check or C.P.O. The winning bidder must pay the total auction price within 15 days in Ethiopian. The reference ID of the tender is 139190851 and it is closing on 12 Apr 2026.

Tender Details

Country: Ethiopia
Summary: Abyssinia Bank (A.M.) is conducting an auction to sell vehicles listed as collateral for loans. Bidders must deposit 25% of the starting bid price via a bank-certified check or C.P.O. The winning bidder must pay the total auction price within 15 days
ETT Ref No: 139190851
Deadline: 12 Apr 2026
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: Sixth Auction Notice
Purchaser's Detail:
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Description:
Abyssinia Bank (A.M.) is conducting an auction to sell vehicles listed as collateral for loans. Bidders must deposit 25% of the starting bid price via a bank-certified check or C.P.O. The winning bidder must pay the total auction price within 15 days of notification. The auction will take place at the Foreclosure and Debt Settlement Division of Abyssinia Bank's Head Office in Addis Ababa. The vehicles are sold as is, and the winning bidder is responsible for all associated fees and taxes.
Documents:

Tender Notice

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Abyssinia Bank (A.M.) is conducting an auction to sell vehicles listed as collateral for loans. Bidders must deposit 25% of the starting bid price via a bank-certified check or C.P.O. The winning bidder must pay the total auction price within 15 days - Ethiopian Tender

The ABYSSINIA BANK (A.M.), a Government sector organization in Ethiopia, has announced a new tender for Abyssinia Bank (A.M.) is conducting an auction to sell vehicles listed as collateral for loans. Bidders must deposit 25% of the starting bid price via a bank-certified check or C.P.O. The winning bidder must pay the total auction price within 15 days. This tender is published on EthiopianTenders under ETT Ref No: 139190851 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2026-04-12.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.

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